DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Mv Capital Management, Inc.

Independent wealth managerBethesda, MarylandCRD 139034SEC 801-65709websiteIAPD
Latest filing Mar 31, 2026
First filing on the tape Mar 29, 2012 · 28 filings
SEC status approved since Jan 20, 2006
RAUM
$1.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
69%
$1000M individuals and HNW
Advisors
8
registered through the firm on IAPD
RAUM per advisor
$180M
derived; firm RAUM over IAPD count
Employees
8
8 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
28 filings and snapshots on the tape
RAUM$1.4B as of Mar 31, 2026
Mar 29, 2012$341M then
HNW client RAUM$946M as of Mar 31, 2026
Mar 29, 2018$326M then
State-registered IARs (5.B.3)8 as of Mar 31, 2026
Mar 29, 20120 then
Employees (5.A)8 as of Mar 31, 2026
Apr 1, 20138 then
Private funds: no history
RAUM +13% over the last fiscal year+19% a year over threeIARs 9 to 8
Practice profile
derived from the filing of Mar 31, 2026; every figure names its basis
Archetypes, each a printed rule
  • Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
  • Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
RAUM per advisor
$180MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
56derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.2MderivedHNW RAUM over HNW clients
Average account
$1.2MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
31%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
4.0derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
-11%derivedItem 5.B.3 between annual amendments
Client growth, one year
+0.5%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, publications, educational seminarsreportedItem 5.G
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • buys or sells securities as principal to or from clients (8.A.2)
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$946M66%
  • Pension and profit-sharing plans$297M21%
  • Charitable organizations$143M9.9%
  • Individuals$53.7M3.7%
Individual clients
149reported
HNW clients
295reported
Pension plan clients
50reported
Charitable clients
22reported
Accounts
1,224reported
Financial planning clients
1-10reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.69 fund_share=0.0 institutional_share=0.31 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
8 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Kedest BaharuBethesda, MdFeb 2, 200628 y2
Christopher Carley SchaeferCertified Financial PlannerBethesda, MdFeb 2, 200623 y1
Masood VojdaniBethesda, MdFeb 2, 200635 y2
Anabel QuinteroBethesda, MdFeb 2, 200631 y2
Mark Evans UnderwoodBethesda, MdFeb 2, 200623 y1
Katrina Valerie LambBethesda, MdMar 5, 200735 y0
Courtney Virginia VojdaniBethesda, MdAug 13, 201216 y0
Arian A VojdaniBethesda, MdJul 22, 201314 y0
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Evans Mark Underwood · Chief Compliance Officercontrol
    since 11/2009 · owns less than 5%
  • Masood Vojdani · Presidentcontrol
    since 12/2005 · owns 75% or more
Related persons
Schedule D 7.A
  • Mv Financial Group, Inc.
    real estatey
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Bethesda, Md · principal800
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Accounts · 1,169 to 1,224
    Apr 10, 2025 to Mar 31, 2026
  • Advisory employees · 9 to 8
    Apr 10, 2025 to Mar 31, 2026
  • Charity clients · 21 to 22
    Apr 10, 2025 to Mar 31, 2026
  • HNW clients · 297 to 295
    Apr 10, 2025 to Mar 31, 2026
  • Individual clients · 145 to 149
    Apr 10, 2025 to Mar 31, 2026
  • Pension plan clients · 48 to 50
    Apr 10, 2025 to Mar 31, 2026
  • Employees · 9 to 8
    Apr 10, 2025 to Mar 31, 2026
  • State-registered IARs · 9 to 8
    Apr 10, 2025 to Mar 31, 2026
  • Discretionary RAUM · $1.3B to $1.4B
    Apr 10, 2025 to Mar 31, 2026
  • HNW RAUM · $823M to $946M
    Apr 10, 2025 to Mar 31, 2026
  • Individual RAUM · $49.3M to $53.7M
    Apr 10, 2025 to Mar 31, 2026
  • Non-discretionary RAUM · $1.3M to $1.5M
    Apr 10, 2025 to Mar 31, 2026
  • Pension RAUM · $270M to $297M
    Apr 10, 2025 to Mar 31, 2026
  • RAUM · $1.3B to $1.4B
    Apr 10, 2025 to Mar 31, 2026
  • Related adviser · false to true
    Apr 10, 2025 to Mar 31, 2026
  • Accounts · 1,127 to 1,169
    Mar 25, 2024 to Apr 10, 2025
  • Charity clients · 18 to 21
    Mar 25, 2024 to Apr 10, 2025
  • HNW clients · 271 to 297
    Mar 25, 2024 to Apr 10, 2025
  • Individual clients · 166 to 145
    Mar 25, 2024 to Apr 10, 2025
  • Pension plan clients · 49 to 48
    Mar 25, 2024 to Apr 10, 2025
  • Financial planning clients · 1-10 to 1-10
    Mar 25, 2024 to Apr 10, 2025
  • Other offices · 0 to 1
    Mar 25, 2024 to Apr 10, 2025
  • Discretionary RAUM · $1.1B to $1.3B
    Mar 25, 2024 to Apr 10, 2025
  • HNW RAUM · $694M to $823M
    Mar 25, 2024 to Apr 10, 2025
  • Individual RAUM · $53.0M to $49.3M
    Mar 25, 2024 to Apr 10, 2025
  • Non-discretionary RAUM · $1.2M to $1.3M
    Mar 25, 2024 to Apr 10, 2025
  • Pension RAUM · $208M to $270M
    Mar 25, 2024 to Apr 10, 2025
  • RAUM · $1.1B to $1.3B
    Mar 25, 2024 to Apr 10, 2025
  • Accounts · 1,025 to 1,127
    Mar 29, 2023 to Mar 22, 2024
  • Charity clients · 15 to 18
    Mar 29, 2023 to Mar 22, 2024
  • HNW clients · 247 to 271
    Mar 29, 2023 to Mar 22, 2024
  • Individual clients · 146 to 166
    Mar 29, 2023 to Mar 22, 2024
  • Pension plan clients · 46 to 49
    Mar 29, 2023 to Mar 22, 2024
  • Discretionary RAUM · $845M to $1.1B
    Mar 29, 2023 to Mar 22, 2024
  • HNW RAUM · $544M to $694M
    Mar 29, 2023 to Mar 22, 2024
  • Individual RAUM · $41.7M to $53.0M
    Mar 29, 2023 to Mar 22, 2024
  • Non-discretionary RAUM · $1.0M to $1.2M
    Mar 29, 2023 to Mar 22, 2024
  • Pension RAUM · $160M to $208M
    Mar 29, 2023 to Mar 22, 2024
  • RAUM · $846M to $1.1B
    Mar 29, 2023 to Mar 22, 2024
  • Accounts · 944 to 1,025
    Mar 29, 2022 to Mar 27, 2023
Signals
2 dated events
  • Mv Capital Management, Inc. reported RAUM $1.1B, up 26% from $845.9M (2023-03-29 to 2024-03-22)
    Mar 22, 2024 · RAUM change · derived
  • Mv Capital Management, Inc. reported RAUM $733.6M, up 30% from $563.3M (2020-07-08 to 2021-03-23)
    Mar 23, 2021 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
Business email
info@mvfinancial.comreportedpublished by the firm, firm site, Sep 15, 2026
Business phone
301-656-2722reportedpublished by the firm, firm site, Sep 15, 2026
Business phone
301-656-6545reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/MV-FINANCIAL-GROUPreportedpublic record, Form ADV, Sep 18, 2026
Website
MVFINANCIAL.COMreportedpublic record, Form ADV, Sep 18, 2026
Principal office phone
301-656-6545reportedpublic record, Form ADV, Mar 31, 2026
Contact form
mvfinancial.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
Team page
mvfinancial.com/meet-our-teamreportedpublished by the firm, firm site, Sep 15, 2026
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Independent wealth managerderiveda rule over Items 5.D and 7.A
RAUM per advisor
$180Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026